Adtalem Global Education (NYSE:ATGE) Updates FY25 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $5.60-5.85 for the period, compared to the consensus earnings per share estimate of $5.65. The company issued revenue guidance of $1.66-1.70 billion, compared to the consensus revenue estimate of $1.66 billion.

Wall Street Analysts Forecast Growth

ATGE has been the subject of several analyst reports. Barrington Research raised their price target on shares of Adtalem Global Education from $70.00 to $90.00 and gave the company an outperform rating in a research report on Wednesday, July 24th. Robert W. Baird raised their price target on shares of Adtalem Global Education from $65.00 to $70.00 and gave the company an outperform rating in a research report on Friday, May 3rd.

Adtalem Global Education Price Performance

Shares of ATGE traded up $1.10 during trading hours on Tuesday, reaching $74.75. 863,360 shares of the stock traded hands, compared to its average volume of 506,709. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.49. The company has a market cap of $2.81 billion, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 0.90 and a beta of 0.97. The company’s 50-day moving average price is $69.67 and its two-hundred day moving average price is $58.69. Adtalem Global Education has a 52-week low of $41.79 and a 52-week high of $80.18.

Insider Buying and Selling at Adtalem Global Education

In other news, CAO Manjunath Gangadharan sold 946 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $65.75, for a total value of $62,199.50. Following the sale, the chief accounting officer now directly owns 6,040 shares in the company, valued at approximately $397,130. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.20% of the stock is currently owned by insiders.

About Adtalem Global Education

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.